Investing in Iran

• Autores: Industrial Minerals
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 585, 2016 (Ejemplar dedicado a: Julio/Agosto)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The opening of the trade route will allow Iran to take advantage of its geographical position on the region's east-west and north-south axes, which offer valuable shipping routes between Asia and eastern Europe and former CIS countries. At the same time, Iran's transport minister, Abbas Akhoundi, announced plans in February 2016 to open rail tracks to access mines in neighbouring Afghanistan, which will move minerals to India via the south-eastern port of Chabahar, bypassing Pakistan.

    The country offers alternatives to conventional shipping routes between Asia and eastern Europe and the CIS countries. Through bypassing the Suez Canal, considerable time and money could be saved, utilising rail and short sea shipping across the Caspian Sea, according to a 2015 report by John Manners-Bell, CEO of research provider Transport intelligence (Ti), titled 'Easing sanctions will unleash Iran's logistics potential'.

    With this in mind, major frac sand shipper and railroad operator Ironhorse Permian Basin (IPB) is turning its attention to building storage silos for frac sand and chemicals, and yards for pipe with the group's focus on installing new rail in their yards. Together with proppant supplier Fairmount Santrol, the company set the North American record for the largest frac sand unit train of 151 railcars and 17,469 tonnes in early June 2016.